Advertise with Us

February 2018

Please fill in your details to download the Table of Contents of this report for free. We also do customization of these reports so you can write to us at mi@fibre2fashion.com in case you need any other additional information.

Target Corporation reported that its net retail sales for the five weeks ended January 5, 2008 increased 0.1 percent to $9,262 million from $9,254 million for the five-week period ended December 30, 2006.

"Our December sales were in line with the mid-month update provided on December 24," said Bob Ulrich, chairman and chief executive officer. "As a result, we continue to believe that fourth quarter earnings per share will not meet last year's performance."

For reference, earnings per share in the fourth quarter of 2006, a 14-week period, were $1.29 including the benefit of the additional fiscal week.

As a reminder, Target's current sales disclosure practice includes a sales recording on the day of the monthly sales release and one mid-month sales update. Consistent with this practice, a new message was recorded earlier today. The next sales recording is expected to be issued on Monday, January 21, 2008.